Interview with Erdinc Asar, Managing Director of Acacia Build Ltd Can you outline the steps you took when setting up your business in Ghana When we first came to Ghana, we did some feasibility studies. We looked especially at Accra, Kumasi, Takoradi and other places. We understood that this country needs lifestyle concepts and that does not mean just selling four walls to people. We want to sell...

Accra, the dynamic capital city of Ghana, is a captivating destination that offers an immersive experience in West African culture and history. With its diverse attractions, from historical landmarks to lively markets and stunning beaches, Accra has emerged as a popular tourist hub. As the economic and administrative center of the country, the city combines modern developments with a rich cultural...

In the highly competitive real estate business in Nigeria, it is difficult to stand out from the crowd. But this is certainly not the case for Millicent Duru, chief executive officer of Giselle Homes – a turnkey real estate company that operates in Lagos. With determination, dexterity, and hard work, Millicent is succeeding in a male-dominated industry. Millicent possesses an interdisciplinary...

There has been significant growth in Ghana's real estate sector over the past five years. It is one of the fastest-growing sectors in Ghana. This sector comprises the office market, the retail market, the industrial market and the residential market. OFFICE AND RETAIL Ghana's office and retail market is run primarily by the private sector. However, demand for this sector is higher in the Greater...

In an effort to address Nigeria’s housing shortage, Fab Realty, a real estate company based in Nigeria, has allocated land to investors at Freedom City Estate in Epe, Lagos. During the recent allocation exercise, Ayomikun Adebayo, managing director of FAB Realty, highlighted the severe housing issues in Lagos caused by population growth, with more than 500,000 people relocating to the city annually....

One of Ghana’s main sources of property destruction, with obvious examples in slums and homes near waterways, has been flooding. The situation has shown itself to be progressive, and it appears that people might not consider their surroundings until something bad occurs. The frequency of floods that have occurred in Accra over the years is a terrible case study. It is devastating to think that a single...

Ghana's consumer inflation slowed to 41.2% annually in April from 45.0% in March, the statistics service said on Wednesday. It was the fourth consecutive month that inflation has slowed, since reaching a more than two-decade high of 54.1% in December. The cocoa, gold and oil-producing nation is facing its worst economic crisis in a generation and is in the process of restructuring its debt in order...

Ghanaians who are contemplating building their own house have been advised to design the building plan in such a way that when their children are no more with them, the houses can be repurposed and rented out. This can avoid loneliness, a Senior Lecturer at the Real Estate Faculty of the Kwame Nkrumah University of Science and Technology (KNUST) Dr Frank Gyamfi-Yeboah said. Speaking on the sidelines of a...

The government has been urged to adequately support the real estate industry to thrive. According to John William Adel, President of real estate firm, Kasa Bazaar, the government must put in place measures to support real estate players to construct affordable houses for Ghanaians. Speaking at the launch of the firm in Accra, the President of Kasa Bazaar also said real estate firms must be...

Futura Construction, the facility company managing The Octagon by Dream Realty in Accra, has recently embarked on a project to redesign the common HVAC system in order to streamline its operation, provide more efficient usage for the different process components, and construct a more sustainable and environmentally responsible system. The immediate benefits of this project are numerous and will greatly...